PYMNTS

JUNE 29, 2020

Despite widespread disruption in global supply chains, a new report from Medius indicates that supplier invoice and payment volumes have actually remained relatively stable this year compared to last. But some analysis suggests supplier payment strategies are in flux to better support the working capital positions of corporates.

Payments 102

Payments B2B Volume Adjustments 102

PYMNTS

OCTOBER 6, 2020

In July, the company reported that its online transaction volume grew 106 percent year over year during the second quarter, as the firm capitalized on a digital transformation that began long before the pandemic. . Overall, MoneyGram reported 1 cent in diluted adjusted earnings per share on $279.8 million in revenue.

Cross-Border 113

Cross-Border Adjustments Transactions Volume 113

PYMNTS

NOVEMBER 2, 2020

Total payment volume rose 36 percent to $247 billion, beating analyst estimates for $232 billion. PayPal is now reporting a run rate of approximately $1 trillion dollars in payment volume. Venmo also reported its best quarter ever in terms of payment volume — reporting a 61 percent year-on-year TPV increase to $44 billion.

Venmo 105

Venmo PayPal BNPL Volume 105

PYMNTS

JULY 29, 2020

Total payment volume rose 52 percent to $37 billion, while active users grew by 8 million to north of 60 million. Adjusted earnings per share came in at $1.07 PayPal’s total payment volume likewise hit $222 billion from $172 billion at this time last year, easily beating the $210 billion forecast by analysts. billion ($1.29

Venmo 84

Venmo PayPal Direct Deposit Adjustments 84

Clearly Payments

DECEMBER 2, 2024

Suitable for high-volume retail and service environments. May not support high transaction volumes efficiently. Cons Not ideal for high-volume transactions. The right choice depends on factors like the type of business, customer preferences, transaction volume, and budget. Pros Fast and secure transactions.

Credit Cards 96

Credit Cards Payment Gateways Gateways Multi-Currency 96

PYMNTS

APRIL 24, 2020

With travel bans in place and work-from-home orders implemented, business trip volume has all but plummeted to zero. But, as Reynolds noted, this doesn’t mean business expense volume has disappeared. Adjusting Oversight.

Volume 82

Volume Adjustments Automation Technology 82

PYMNTS

SEPTEMBER 29, 2020

Target’s event, first reported by the Minneapolis Star Tribune, will feature “digital deals on thousands of items, more than double what the retailer offered last year, as it adjusts to the surge of consumers who have shifted to shopping online during the coronavirus pandemic.

On-Demand 104

On-Demand Adjustments Volume Continuity 104

FICO

MARCH 25, 2020

Home Credit , a global non-bank consumer lender, has successfully reduced its credit risk while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China. This type of financial inclusion is good for the consumer and good for our business.

Risk 97

Risk Financial Inclusion Point-of-Sale (POS) Risk Assessment 97

PYMNTS

DECEMBER 15, 2020

WEX foresees that the effect of the purchase on adjusted net income will be immaterial up to calendar year 2021, though it notes that "visibility remains limited due to COVID-19.". WEX lost $57.7 million, or $1.49 per share, on $382.1 million in revenue for the three months concluding on Sept. 30 in contrast to a profit of $42.4 WEX lost $57.7

B2B 101

B2B Payments Settlement Adjustments 101

PYMNTS

APRIL 30, 2020

Visa posted fiscal second-quarter results that showed a precipitous falloff in cross-border volumes late in the quarter amid the coronavirus pandemic, alongside what it termed a “significant deterioration” in spending that was evident in March. In terms of headline numbers, adjusted earnings were $1.38 Revenues, at about $5.9

Transactions 89

Transactions Cross-Border Volume Contactless Payments 89

Fintech News

FEBRUARY 15, 2024

Illicit share of all cryptocurrency transaction volume, 2018-2023, Source: Chainalysis 2024 Crypto Crime Report, Chainalysis, Jan 2024 Conversely, the data reveal an increase in ransomware attacks and darknet markets, indicating challenges in cybersecurity and a resurgence in these illicit activities.

Ransomware 88

Ransomware Crime Transactions Romance Scams 88

PYMNTS

JANUARY 30, 2020

PayPal put on a strong finish to 2019, managing to beat analyst estimates nearly across the board in terms of revenue, active usership and total payments volume processed. In Q4 of 2019, PayPal saw adjusted earnings per share rise to $.86 69 at the same time last year, and ahead of forecasts of $.83. Revenue came in at $4.96

PayPal 85

PayPal Venmo Volume Cross-Border Payments 85

PYMNTS

AUGUST 17, 2020

The Commerce Department released July’s retail sales last week, showing an increase in seasonally adjusted retail spending – up 1.2 Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 Using Census data, the trailing 12 months of non-adjusted physical retail sales show a decline of 1.9

Economy 134

Economy Adjustments Consumer Product 134

PYMNTS

NOVEMBER 13, 2020

Grocery and food delivery has become an increasingly important part of Gojek’s business during the pandemic, having grown six-fold in total volume, according to Bloomberg. That number hit 900,000 at the end of September, approaching double the 500,000 food vendors on Gojek’s platform at the start of the year.

NOV 88

NOV Payroll Adjustments Volume 88

PYMNTS

AUGUST 5, 2020

Adjusted earnings per share were 18 cents. And Square’s gross payments volume in Q2 dipped 15 percent year over year. Instead, Square Capital loan volume was driven by the Paycheck Protection Program, which provided $873 million to more than 80,000 small businesses. Square saw its shares skyrocket Tuesday (Aug.

Tax Refunds 87

Tax Refunds Small Business Shutdown Venmo 87

Fintech News

FEBRUARY 15, 2024

Among the key trends outlined in the reports, the companies note a sizable decline in tech investment volumes, adjustments in valuations and a shift towards earlier stage startups. In H1 2023, Southeast Asia recorded a substantial 54% year-on-year (YoY) decline in tech investment volume which reached US$3.1

FinTech 80

FinTech Adjustments Volume Continuity 80

PYMNTS

MAY 8, 2020

Drill down into the numbers, and the term “falling off a cliff” comes to mind, as healthy transaction and sales volumes at key merchant customers faced massive headwinds — and only now are starting to show a bounce off their nadirs. Eventually retail and restaurants stabilized at 30 percent volume declines year over year in April.

PayPal 98

PayPal Online and Mobile Banking Volume Point-of-Sale (POS) 98

PYMNTS

APRIL 10, 2020

” It was an effort that Rio Tinto noted similarly required an adjustment to how banks approach their payments operation, which he said are often modernized in a very siloed, vertical fashion. . “The customer should just send the payment without having to think about how to route it.

Technology 144

Technology End User Cross-Border On-Demand 144

PYMNTS

JULY 2, 2020

“We’re working with our merchant and our marketing teams on options within the marketing calendar to reduce pressure points on big volume days, and we’re learning a lot from the reopening of our stores. in adjusted diluted loss per share. “Everything is on the table right now,” Gennette said. billion credit facility.

Adjustments 84

Adjustments Volume Security Consumer 84

PYMNTS

OCTOBER 5, 2020

Total payment volume rose 52 percent to $37 billion, while active users grew by 8 million to more than 60 million. Adjusted earnings per share came in at $1.07 PayPal said that in addition to the overall company’s record performance, Venmo put up all-time-best numbers as well. All told, PayPal posted a second-quarter net income of $1.53

Venmo 90

Venmo Credit Cards PayPal Online and Mobile Banking 90

Clearly Payments

FEBRUARY 7, 2024

These metrics provide valuable insights into various aspects of payment processing, including transaction volume, customer behavior, and financial health. Transaction Volume (aka Total Sales) Transaction volume is a fundamental metric that measures the total number of transactions processed within a specific timeframe.

Process 79

Process PCI DSS Processing Costs Settlement 79

PYMNTS

OCTOBER 2, 2020

Unprecedented surges in online shopping volume has meant consumers are shifting their buying and payment habits in a big — and likely permanent — way. And as a result, CFOs and treasurers are now tasked with adjusting their liquidity management strategies for the new normal of omnichannel commerce.

Liquidity Management 73

Liquidity Management Volume Adjustments On-Demand 73

The Payments Association

OCTOBER 24, 2024

billion to chargebacks in 2023, according to Mastercard , a number expected to rise as transaction volumes increase. Sales adjustments : Declining sales from customers prone to filing chargebacks. This issue is growing, with merchants losing a staggering $117.47 Refunds : Issuing refunds to avoid disputes.

Disputes 88

Disputes Non-Bank MFA Legal 88

PYMNTS

OCTOBER 1, 2020

“The success of our business strategy rests on the strength of our team and their ability to adjust quickly to the needs of our guests and their changing shopping patterns,” said Melissa Kremer , chief human resources officer, Target.

Contactless Payments 101

Contactless Payments Adjustments Volume On-Demand 101

PYMNTS

OCTOBER 23, 2020

Purchase volume likewise dropped 1 percent year over year to $98.1 in diluted losses per common share after excluding adjusting items on net revenues of $7.4 Excluding adjusting items, net income for the third quarter of 2020 was $5.05 Fairbank said in a call with analysts. billion as of the quarter’s end. billion, or $5.06

Adjustments 70

Adjustments Consumer Volume Continuity 70

Fintech Finance

JULY 26, 2024

The independent study outlines a three-year, risk-adjusted present value and ROI for a composite organization comprised of interviewees with significant experience working with Checkout.com. As Black Friday and Cyber Monday fast approach it is notable that the study finds improved reliability during volume surges for the composite.

Gateways 79

Gateways Returns Fraud Detection Volume 79

PYMNTS

SEPTEMBER 17, 2020

Accomplishing these activities at scale requires access to systems that can swiftly handle and verify large data volumes.”. Adjusting … final onboarding steps for digital completion represents a larger challenge for higher education entities, however, as many are simply not set up to do so,” notes the Tracker.

SWIFT 100

SWIFT Cybersecurity Adjustments Verification 100

PYMNTS

DECEMBER 21, 2020

The company said digital sales of its flagship Nike brand (the firm also owns two others) soared by 84 percent during the period without adjusting for currency changes. Strong Digital Sales Offset Weaker Wholesale and In-Store Volume. That included more than 100 percent digital sales growth in North America.

NOV 106

NOV On-Demand Adjustments Consumer 106

Fintech News

AUGUST 26, 2024

For example, GrabInsure offers a telematics-based car insurance product in Thailand that adjusts premiums based on actual mileage, catering to cost-conscious millennial drivers. This demand has led insurtech companies to develop products that are bite-sized, usage-based, and customizable coverage.

On-Demand 139

On-Demand Product Transactions Adjustments 139

PYMNTS

FEBRUARY 14, 2020

Agility is critical in today’s supply chains, considering the high volume of exceptions that managers must address in the freight management space. Tied-Up Cash Flow. These exceptions can be linked to changes in weather, customer demand, and other logistical risks that impact where and when deliveries occur. .

Addressing 99

Addressing On-Demand Volume Continuity 99

FICO

APRIL 22, 2020

I’m talking about scalability to handle virtually any volume of demand and the agility to rapidly change rules, workflows and scripts in dynamic situations.In For one client, faced with 20-times inbound call volume and zero agents, automated communications handled 100% of calls with no downtime. The feasibility of home-basing agents.

Automation 85

Automation Volume Returns On-Demand 85

PYMNTS

APRIL 21, 2020

The coronavirus pandemic has some organizations playing payment rails musical chairs in their accounts payable (AP) departments as they adjust payment strategies (and methods) to suit their needs in a volatile, remote working environment. percent year-over-year increase in transaction volume for the first quarter of 2020.

NACHA 82

NACHA Correspondent Bank Real Time Payments Push-to-Card 82

Nanonets

JANUARY 31, 2024

However, balances generally do not match; they have to be adjusted due to accounting errors, banking errors, and refunds. While Excel is a free and easy option, it can be quite cumbersome if you deal with a high volume of transactions. There could also be errors made in the bank statement that need to be adjusted.

Reconciliation 52

Reconciliation Best Practices Adjustments Correspondent 52

PYMNTS

JULY 2, 2020

There have been issues with approval processes and disbursing of these funds, however, due to struggles with high application volumes and outdated payments infrastructure that is unequipped to handle such volumes. Government entities in the U.S.

Adjustments 79

Adjustments Origination Volume ACH 79

Nanonets

JUNE 26, 2024

" The purpose of performing the bank reconciliation is to identify discrepancies and adjust entries so that the transactions are aligned with each other. We need to identify why these differences exist and make adjustments accordingly. These need to be adjusted in the bank statement.

Reconciliation 52

Reconciliation Adjustments Audit Checks 52

Nanonets

DECEMBER 13, 2023

In addition, AI can help insurance firms evaluate risk with high accuracy by analyzing large volumes of data. AI systems, particularly those incorporating machine learning, can adapt to new regulatory requirements by learning from updated datasets and adjusting their processes accordingly. What can be this data?

AI 102

AI Process Fraud Detection Compliance 102

Nanonets

JANUARY 25, 2024

Adjust Balances You will have to reconcile each transaction on a line-by-line basis. For discrepancies, you will have to adjust the bank balance and the cashbook. The bank statements must be adjusted by adding pending deposits (deposit-in-transit) and deducting pending outgoing checks (outstanding checks).

Reconciliation 52

Reconciliation Adjustments Checks Automation 52